Posts by Heritage Will Writing
We’re a registered Dementia Friend!
There are 944,000 people living with dementia in the UK. This is said to increase to over one million by 2030, and over 1.6 million by 2050. Emily has recently registered to become a Dementia Friend. In becoming a Dementia Friend, Emily will be learning more about dementia, and understanding what it is like for…
Read MoreAdam Johnson of Heritage Will Writing presents at the Society of Will Writers Annual Conference
Last week Adam Johnson of Heritage Will Writing had the honour of being invited as one of the keynote speakers at the Society of Will Writers Annual Conference. Adam says “It was a pleasure to be able to share with the Society of Will Writers members my thoughts on the Care Act, what differences…
Read MoreFive reasons why you should have a Will in place
1. Ensure your Estate goes to the right people Having a Will in place gives you the control of what happens to your Estate and assets once you have died. Whilst we all hope that we are around for many years to come, sadly that is not always the case. It’s important to have the…
Read More‘Use a Lasting Power of Attorney’ online service launched
A new online service was launched on the 17th July 2020 whereby attorneys will find it easier to manage and safeguard the donor’s finances and wellbeing. The Office of the Public Guardian’s new digital service will help attorneys to contact organisations such as banks and healthcare providers more easily by improving the speed that the…
Read MoreVideo Witnessing of Wills Legalised
The Government has introduced new legislation that is expected to come into force in September 2020 to allow people to sign and have their Wills witnessed by using video calls. It has been highlighted that during the COVID-19 pandemic, there has been an increasing number of people looking to write Wills, and the difficulties experienced…
Read MoreResidential Nil Rate Band Increase (6 April 2020)
The Residential Nil Rate Band (RNRB) was originally introduced in April 2017 as an additional Inheritance Tax (IHT) allowance, with the aim of allowing families to pass on up to £1m of their estate without IHT becoming payable. The RNRB allowance has been increasing each April, until reaching its maximum allowance claimable at £175,000 per…
Read MoreHow do I stop a Lasting Power of Attorney?
Any Lasting Power of Attorney can be stopped while you have mental capacity, which in simple terms means the ability to make decisions. Just send a statement, called a ‘deed of revocation’, and the original LPA to the Office of the Public Guardian. You can also sack some of your attorneys if you want to.…
Read MoreWhat is the difference between ‘jointly’ and ‘jointly and severally’?
Severally. There’s a new word for many of us. Mainly used in legal circles, it means separately or individually. In the context of Lasting Powers of Attorney, you can nominate people you trust to make decisions on your behalf either jointly or jointly and severally. Jointly means that all the attorneys you name must agree…
Read MoreCoronavirus (COVID-19)
In light of the current Coronavirus (COVID-19), we are monitoring any updates regularly as and when new information and guidelines are available. Yesterday, the Government issued a response https://www.gov.uk/government/topical-events/coronavirus-covid-19-uk-government-response?fbclid=IwAR0fIvMhjMCn4Voe8YZARF_ADrinHdiDKN7b_6PKArmeTy_oPrlyYHZluzA At present, we are doing all we can to minimise the impact of COVID-19 and do not foresee any disruption to our services at this time.…
Read MoreWhat is the difference between the two types of Lasting Power of Attorney?
Nominating someone you trust to make decisions on your behalf about your finances and property is a different kettle of fish to having them make decisions about your health and welfare. That’s why there are two types of Lasting Powers of Attorney (LPA). The one regarding property and financial affairs can be activated, with your…
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